Call reports 2022
VALLEY NATIONAL BANK — 2022
What VALLEY NATIONAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 43,420,885,000 | 54,435,500,000 | 55,925,280,000 | 57,451,653,000 |
| Total loans | 35,442,037,000 | 43,579,125,000 | 45,191,837,000 | 46,935,318,000 |
| Allowance for loan losses | 362,510,000 | 468,819,000 | 475,744,000 | 458,655,000 |
| Securities available for sale | 1,015,034,000 | 1,382,551,000 | 1,271,854,000 | 1,261,397,000 |
| Securities held to maturity | 3,073,205,000 | 3,719,977,000 | 3,722,020,000 | 3,828,984,000 |
| Trading assets | 203,246,000 | 365,361,000 | 630,488,000 | 24,652,000 |
| Total deposits | 35,653,304,000 | 43,916,345,000 | 45,486,991,000 | 47,782,583,000 |
| Interest-bearing deposits | 23,700,335,000 | 27,741,492,000 | 29,888,218,000 | 33,173,269,000 |
| Noninterest-bearing deposits | 11,952,969,000 | 16,174,853,000 | 15,598,773,000 | 14,609,314,000 |
| Equity capital | 5,730,579,000 | 6,922,427,000 | 6,999,912,000 | 7,152,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 340,457,000 | 793,402,000 | 1,330,128,000 | 1,976,677,000 |
| Interest expense | 16,911,000 | 45,073,000 | 119,808,000 | 288,644,000 |
| Net interest income | 323,546,000 | 748,329,000 | 1,210,320,000 | 1,688,033,000 |
| Noninterest income | 39,568,000 | 98,963,000 | 155,038,000 | 207,170,000 |
| Noninterest expense | 195,206,000 | 487,700,000 | 748,384,000 | 1,015,259,000 |
| Provision for loan losses | 3,258,000 | 41,568,000 | 42,883,000 | 48,236,000 |
| Pretax income | 164,425,000 | 316,806,000 | 572,262,000 | 829,576,000 |
| Income tax | 43,682,000 | 83,704,000 | 154,436,000 | 224,856,000 |
| Net income | 120,781,000 | 233,120,000 | 417,855,000 | 604,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,290,309,000 | 4,977,845,000 | 5,121,353,000 | 5,284,372,000 |
| Total capital | 4,576,857,000 | 5,326,861,000 | 5,503,746,000 | 5,659,511,000 |
| Risk-weighted assets | 35,528,490,000 | 44,616,184,000 | 45,912,548,000 | 47,791,701,000 |